For Sale
Highly rated Desert Business in West Midlands for sale
West Midlands
- Asking Price: £129,950 +SAV
-
Turnover:
We are advised as per the 2020 accounts, the business generated a turnover in the region of £425,000, with an adjusted net profit in the region of £57,000. Full financials can be made available upon further request.
Please quote reference B06476
- Tenure: Leasehold
Please quote reference B06476
Hilton Smythe are pleased to have been given the opportunity to manage the sale of a Dessert Shop in the West Midlands.
The business sells a range of the nations’ favourites including waffles, crepes, cookie dough, milkshakes, coffees, cakes and sundaes to name a few.
The franchise was purchased by the current owner in 2019 when he identified a gap in the market. The business took off from the start, accruing many regular customers and a burgeoning reputation.
The sale of the business includes all fixtures and fiitings, with the following equiptment -
- Large fitted counter
- Coffee machine
- Waffle makers
- Under counter fridges
- Chest freezer
- Cake display chiller
- Commercial blenders
- Dishwasher
- Hand wash basin
- Ample crockery including stainless steel mixing jugs
The business is proud of its five-star review status along with a 5 star hygiene rating.
The business is projecting a turnover exceeding £500,000 for this financial year (2021 - 2022) due to covid closures the business was unable to trade at full potential throughout 2020 - 2021, though the figures were still very impressive.
Reasons to buy -
- Outstanding reputation with 5 star hygiene rating
- Great franchise, with low franchise fees
- Excellent location providing an exceptional amount of footfall
- Scope to expand/ increase
- Hand over period offered
- Newly refurbished with modern décor
- Turnkey business
We are advised that the business has a store manager, with the help of 20 staff members.
The business hours are -
Monday – 11:00am – 9:00pm
Tuesday – 11:00am – 9:00pm
Wednesday – 11:00am – 9:00pm
Thursday – 11:00am – 9:00pm
Friday – 11:00am – 9:00pm
Saturday – 11:00am – 9:00pm
Sunday - 11:00am – 5:00pm
The business is located in West Midlands. The area is a shopping destination with over 200 stores and home to a plethora of stylish restaurants, cafes and places in which to grab a drink or snack.
There are several public car parks within easy walking distance of the business.
The business is located within a busy food court, with ample seating and internal covers.
Upon entrance is the main service area with modern and bespoke furnishings, large counter, open plan seating area consisting of tables and seating booths.
To the rear of the counter is the fully fitted commercial kitchen with easy clean floor and wall coverings.
There is also an onsite storage room rented by our client which is charged at £15,000 per annum.
Tenure
We are advised that the business is being sold on a Leasehold basis, with the current lease on a rolling annual agreement. The rent is £4,166 per month.
